Polycab India Limited has informed the Exchange regarding Appointment of Mr. Shashi Amin as SMP of the company w.e.f. January 05, 2026.
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Polycab India Limited has appointed Mr. Shashi Amin, aged 58, as Director (Non-Board Member) and CEO - B2B Channel & Corporate Communication, effective January 05, 2026. He takes over the B2B leadership role previously held by Mr. Bhushan Sawhney, who resigned in February 2025 for personal reasons and formally exited on May 02, 2025. Mr. Amin brings over 37 years of experience in sales, marketing, and the cable industry, having previously served at Polycab itself from July 2011 to March 2022 as President and SBU Head - Cables, and more recently at Apar Industries Limited, BICC Bahrain, and Nicco Corporation. The appointment was made by the Board on the recommendation of the Nomination and Remuneration Committee to ensure strong B2B vertical leadership.
A senior leadership gap in the B2B segment, open since mid-2025, is now filled by a returning executive with deep familiarity of Polycab's cable business, which should be viewed positively by investors. The move signals continuity and renewed focus on the B2B channel, though the stock impact is likely to be neutral to mildly positive.